October, 2022 – Issue No. III

Time limitation for issuance of detention order expired – limitation to be strictly adhered to – vehicle released by Madras High Court.
Procedure of import or export or procurement from or supply to Domestic Tariff Area of aircraft by a Unit in International Financial Services Centre notified.
Procedure for export of only broken rice, for the period up to 31st March, 2023, for the year 2022-23, the export policy of which is ‘Prohibited’ – notified.Export of Wheat Flour (Atta) will be allowed against Advance Authorization, and by Export Oriented Units (EOUs) and units in SEZs, to be produced from imported wheat and without procurement of domestic wheat.

The Indian Tax Advisors